this works for me
Dim logo As New Bitmap(picturebox1.Image)
logo.MakeTransparent()
picturebox1.Image = logo
Dim template As New Bitmap(picturebox2.Image)
Dim gr As Graphics = Graphics.FromImage(template)
gr.DrawImage(logo, template.Width - 2007, (template.Height - 1800) \ 6, 500, 450)
picturebox2.Image = template
thank you